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INSURANCE NOT REQUIRED Return FULLY EXECUTED A-2022-183 <br />WORK MAY PROCEED <br />copy to COTC M-30 <br />CLERKp�e8t�cit,Jq E01-R1455, R1456, R1457 & R1458 <br />j t km ante Anaiiiv¢ Channel <br />DATE: OFFER AND AGREEMENT TO PURCHASE REAL PROPERTY <br />THIS OFFER AND AGREEMENT TO PURCHASE REAL PROPERTY ("Agreement") is made <br />2022 by and between the ORANGE COUNTY FLOOD CONTROL DISTRICT, a body <br />corporate and politic, ("DISTRICT") and CITY OF SANTA ANA, a charter city and municipal <br />corporation duly organized under the Constitution and laws of the State of California, ("BUYER"). <br />o PwA(Ali <br />N RECITALS <br />0 <br />N <br />_ — A. DISTRICT owns the real property identified on DISTRICT records as Parcel E01-111455, <br />R1456, R1457 & R1458, (the "Property") described in and shown on the Easement Deed <br />attached hereto as Attachment 1, and by this reference made a part hereof. <br />0 <br />B. BUYER has offered to purchase the Property from DISTRICT for Two Hundred and Fifty -Five <br />Thousand Dollars ($255,000) in order to facilitate BUYER's Fairview Bridge improvement <br />project. <br />C. DISTRICT is willing to sell the Property to BUYER subject to the terms and conditions of this <br />Agreement. <br />NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained <br />DISTRICT and BUYER agree as follows: <br />1. The terms described hereinabove in the Recitals are incorporated herein by this reference. <br />2. DISTRICT: <br />A. Accepts BUYER'S offer to purchase the subject Property for Two Hundred and Fifty -Five <br />Thousand Dollars ($255,000) which amount is hereinafter referred to as "Purchase Price." <br />B. Shall execute and acknowledge an Easement Deed in the form of "Easement Deed" <br />attached hereto as Attachment 1, conveying title to the Property to BUYER within ten (10) <br />days after execution of this Agreement by DISTRICT and BUYER; <br />C. Shall deliver the executed Easement Deed to BUYER upon payment of the Purchase Price <br />to DISTRICT as specified in paragraph 3A below and completion of the terms and <br />conditions of the OC Public Works, County Permit #FE21-0229 ("Permit"). <br />D. Makes no warranties or representations whatsoever with regard to the quality of the title to <br />the Property or the fitness of the Property for a particular purpose; and <br />E. Shall provide no title insurance in this transaction. <br />km-llydilt� <br />A. Shall, inconsideration of the transfer of Property by DISTRICT to BUYER, deliver the <br />Purchase Price to County Executive Office/Real Estate Services upon BUYER'S receipt of <br />the Easement Deed executed by DISTRICT; <br />I - 09127/22 <br />